Latest / MPC Markets Morning Call
S&P 500 Hits Record as Earnings Optimism Outweighs Bond Rout
Wall Street surged to all-time highs overnight — the S&P 500 closed at a record 7,820.85 and the Nasdaq hit 27,599.79 as six of the Magnificent Seven advanced on renewed AI and chip stock enthusiasm. G7 nations agreed to release 100 million barrels of emergency reserves, Constellation Energy jumped 12% on a nuclear deal with Google, and uranium surged 4%. Gold, silver and copper rallied while the Aussie dollar ticked higher. The ASX is set to open flat as the RBA flagged household AI stock exposure as a potential vulnerability. Plus — the US earnings calendar for October is live on Mosaic.
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